M&G hires ex-Abrdn and Brooks Macdonald exec as wealth CEO

Caroline Connellan joins M&G Wealth

Mark Battersby
clock • 2 min read

M&G has hired former abrdn and Brooks Macdonald senior executive Caroline Connellan as chief executive of M&G Wealth.

A statement today (4 July) said she will lead M&G's multi-channel wealth business which encompasses Financial Advice, Adviser Services including the M&G Wealth Platform, and Investment Solutions.  It currently has £85bn assets under administration. The business works with 500 of its own advisers and has an active relationship with more than 3,000 advice firms. With over 25 years' of experience in retail financial services, Connellan has a track record of transforming and growing wealth management businesses with a strong customer-centric focus, the statement said.  Most recently, s...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read
CISI welcomes 76 Certified financial planners

CISI welcomes 76 Certified financial planners

Number of UK CFP professionals continues to rise

Sophia Panayi
clock 24 March 2026 • 1 min read
'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read